ShepWave Pre-Market / Intra Day Update for Friday Published.
by ShepWave.com
Posted: 6/30/2011 17:02 EST
It is not just coincidence that last weeks the major U.S. Indices hit the 200 day moving average and in the past four sessions have now hit the 50 day moving average. Is this a sign of a renewed Bull Market, or is it just another really good selling opportunity?
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Reference: Shepwave.com is a technical analysis site for the Major U.S. stock indexes. We use Elliott Wave theory along with our proprietary indicators to give analysis for the Dow Industrials, Nadaq 100 and S&P 500 indexes. We specialize in trading the QQQ and DIA. |
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